Friday, December 2, 2022

FPT Software Makes Business Alliance with Squirro to Offer end-to-end augmented intelligence solutions

By ET Bureau - May 09, 2022 3 Mins Read

FPT Software, a leading information technology company in Vietnam, has partnered with Squirro, a Swiss provider of augmented intelligence solutions. Through this collaboration, the two companies will provide customers with comprehensive enterprise solutions powered by artificial intelligence to harness the full potential of data, make smarter decisions and drive business growth.

The collaboration between FPT Software and Squirro will bring value to companies in various industries including banking and finance, healthcare, manufacturing, and more. FPT Software will drive adoption of Squirro’s solutions with its diverse portfolio of products and services, targeting businesses looking to transform into data-driven organizations. With digital consulting experience, rapid delivery capabilities and a presence in 26 countries, FPT Software helps Squirro strengthen its market position and expand its go-to-market capabilities globally.

Frank Bignone, Global Director of Digital Transformation at FPT Software, said: ” FPT Software is delighted to sign this partnership agreement with Squirro. Squirro’s visionary Insight Engine and Augmented Intelligence solutions enable our end customers to rapidly assess their information and find relevant insights from all available data sources.”

Bernd Schopp, Chief Commercial Officer at Squirro, said: ” Competitive advantage today depends on turning data into insight. Joining forces with FPT Software, we look forward to combining our visionary insight engine with the ability to rapidly implement projects to provide businesses with Value-added insight solutions. With best-in-class project methodologies and dedicated experts working with client teams, Squirro and FPT Software can unearth hidden insights and harness the power of client data to help clients build a solid competitive advantage.”

Also Read: Today’s CIO needs to be Business Leaders Too

More and more businesses are turning to cognitive search solutions to extract meaningful and actionable insights from the data they hold, driving explosive market growth. The global cognitive services market is expected to be worth $15.28 billion by 2023, up from $2.59 billion in 2018, according to global research firm MarketsandMarkets . By region, Asia Pacific is expected to witness the highest growth rate during the forecast period.

With its core platform insight engine and cognitive search solutions, Squirro has helped the world’s leading financial firms, including Standard Chartered, Bank of England, Candriam or ING, make the most of their data sources. In 2021, the company was named a Visionary in the Gartner Magic Quadrant for Insight Engines and a Strong Performer in the Q3 2021 Forrester Wave: Cognitive Search report. Leveraging Squirro’s capabilities and its extensive domain knowledge, FPT Software will be able to fully support its clients’ data-driven transformation needs.

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ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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